Home with brick exterior material, street for 246 Grey St, London East Ontario N6B 1G5
Re-listed 1 day ago

246 Grey St, London East, Ontario N6B 1G5

Detached
3
2
~1500-2000 sqft
$•••,•••
$539,900
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Detached
3
2
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$314/sqft

Est. Mortgage$2,319/mo

Tax Amount (2024)$3,933/yr

Days On Market1 day

Total Days On Market212 days


Description

Welcome to this beautifully updated 2.5-storey character home, offering over 2,800 sq ft of total living space and the perfect blend of classic charm and modern convenience. Located on a spacious lot in a high-demand rental market, this property offers exceptional flexibility whether you're seeking a stunning family residence, an income-generating investment, or the potential to create multiple rental units. Step inside and be greeted by timeless features such as high ceilings, detailed trim work, and rich hardwood flooring, all enhanced by tasteful, contemporary upgrades. The spacious, light-filled kitchen is a showstopper with sleek cabinetry, premium countertops, and stainless steel appliances perfect for entertaining or everyday living. Multiple fireplaces throughout the home bring warmth and character to each space. The primary suite is a serene escape, featuring vaulted ceilings, a walk-in closet, and direct access to the fully renovated ensuite. Generously sized additional bedrooms offer space for guests, a home office, or a growing family. Outside, you'll find a brand new gate that adds both privacy and curb appeal, plus a hydro-equipped double-car garage, ideal for conversion into a secondary dwelling or as another hang out spot. The neighbourhood is on the rise, with numerous new developments and buildings underway, adding future value and vibrancy to the area. With zoning potential for multi-unit use and strong rental demand, this is a rare opportunity to secure a versatile property in an up-and-coming location. Live in, rent out, or reimagine the space the possibilities are endless. Schedule your private tour today!


Property Details

Style2 1/2 Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size6,823 SqFt(200.16 x 34.09)
Parking Spaces6
MLS ®NumberX12218848
Community NameCentral London
Data SourceTRREB
Listing byBLUE FOREST REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished

Features

Lot size: 6,823 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 4

Total parking spaces 6


Property listed by BLUE FOREST REALTY INC., Brokerage

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Market Data - Central London

Geo Zone Map ThumbnailCentral London

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

21 days

Compared to

2024

37 days

2023

33 days

2022

7 days

New Listings

Past 30 days

27 listings

Compared to

2024

26 listings

2023

21 listings

2022

26 listings

Units sold

Past 30 days

3 units

Compared to

2024

11 units

2023

8 units

2022

11 units

Median Sold Price

Past 30 days

$476,900

Compared to

2024

$689,900

2023

$640,000

2022

$530,000


Population and Demographics

Overview

Total population 16774
Average household income $95,260

Age (%)

20 to 34
38%
50 to 64
18%
35 to 49
17%
65 and plus
16%
0 to 19
10%

Household composition (%)

Single person
57%
Single family
33%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
87%
Others
4%
Spanish
3%
Arabic
2%
French
2%
Portuguese
1%

House tenancy (%)

Renters
77%
Owners
23%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget